What Is a Magnetic Ink Character?
Magnetic ink characters (MIC) are numbers, letters, or symbols that are usually used in conjunction with magnetic ink recognition technology. This technology is primarily used by the banking industry to read and sort checks using a process called Magnetic Ink Character Recognition or MICR. MICs are printed at the bottom of a check in the MICR line and are usually 3 or 4 sets of numbers and symbols.
